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Reply to "If you don't have a 15 year mortgage, you're living beyond your means?"
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[quote=Anonymous]Frankly when I hear people have a 15 year mortgage it tells me that they don’t have the money to pay it off. Perfectly fine in your 20s and early 30s but beyond that you should have the liquidity (or cash equivalents) to pay it off. If you do a 30 year or no mortgage make sense. Op seems a little snooty without the actual wealth to justify it. [/quote]
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